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What is Intellectual Property?

Understanding IP

Intellectual Property is property that has arisen from the exercise of the mind and is eligible for legal protection. The main types of Intellectual Property are patents, trademarks, copyright and design protection. The scope of intellectual property continues to grow to encompass new technologies or market needs, such as circuit layouts, plant variety rights and appellations of origin.

Related rights are protectable through common law including goodwill, commercial reputation, trade secrets etc.